Apple will invest $1 billion in SoftBank investment Fund Vision Fund
In October of last year there appeared information about the intentions to create an investment Fund SoftBank Vision Fund with capital of up to $ 100 billion, the main investments which will make Saudi Arabia ($45 billion) and SoftBank ($25 billion).
In December it became known that Apple is in talks with SoftBank about the possibility of investing at least $1 billion This information was confirmed by Apple this week.
SoftBank Vision Fund to begin its work next year, it will be the largest investment Fund in the world. It will invest in the creation of new technologies, including the field of artificial intelligence, deep learning, robotics and Internet of things.
Apple representatives noted that the Fund should accelerate the development of technologies and become strategically important for the company.